Title: IMPACT OF INTEREST RATE POLICY CHANGES OF THE STATE BANK TO CONSUMERS IN VIETNAM
Authors:
Dinh The Hung, Giao Vinh Khang and Nguyen Tri Nghia
Abstract:
Given a volatile global economy and the inner challenges of the Vietnamese economy, monetary policy by the State Bank of Vietnam has turned out to be an important measure to ensure macroeconomic stability and boost economic growth. Interest rate policies and credit supply changes do not only affect business activities and the financial system but directly impact consumers. Therefore, this paper is focused on studying the State Bank of Vietnam policies’ impacts on consumers in the period from 2020 to 2024. Based on this, there will be recommendations set out by the research group to help the State Bank of Vietnam make interest rate management policies that are of reasonable interest and have positive impacts on consumers in Vietnam.
Keywords: State Bank, consumers, monetary policy, market.
PDF Download